Tag Archives: SOCIETY

1 percent now owns more than at any time in the past 50 years

The top 20 percent of households own 90 percent of the stuff in America Their average net worth? $3 million. That leaves just 10 percent of the pie for the remaining 80 percent of the populace. The American top 1 percent gobble up twice as much (40 percent) as the top 1 percent in France, the U.K., or Canada, and more than three times as much as the top 1 percent in Finland.

Bully

bully noun A person who hurts, frightens, or tyrannizes over those who are smaller or weaker Someone who is mean to others and who throws his weight around. An overbearing […]

Right and Wrong

What is right? What is wrong? It is a societal problem because individuals in a society will see things differently. If there existed a universally shared bases for distinguishing between the two, there would be no problem but there doesn’t

Tax Cuts and Supply Side Economics

It is economic incentive that drives enterprise, not the supposed nobility of spirit of the wealthy. That idea is aristocracy. Our nation is founded on the self-evident truth that aristocracy is a lie, and that powerful elites do not share their money, power, and privilege with the people. We now have a new aristocracy, created by transferring literally trillions of dollars in wealth to the wealthiest people in our society

Great Quotes

“Socialism never took root in America because the poor see themselves not as an exploited proletariat, but as temporarily embarrassed millionaires.” John Steinbeck

Minimum Wage

Business is about making a profit.  To be successful, i.e. to make a profit, a business must receive more for the product or service provided  than it cost to produce it.  That cost includes every expense that must be incurred to produce the product or service.  If the price doesn’t cover the cost AND provide a sufficient excess, the business will die.

Income Distribution

For the life of me I can not understand why people keep supporting politicians who have been bought and paid for by the likes of the Koch brothers and the oil and gas industry.
“$100 from 2 million people … a total of $200 million … is 20 percent of what the Koch brothers themselves are prepared to spend. … Maybe the game is over. Maybe they have bought the United States government. Maybe there is no turning back. Maybe we’ve gone over the edge. I don’t know. I surely hope not.

HOBBY LOBBY

“In the Hobby Lobby cases, five male Justices of the Supreme Court, who are all members of the Catholic faith and who each were appointed by a President who hailed from the Republican party, decided that a huge corporation, with thousands of employees and gargantuan revenues, was a ‘person’ entitled to assert a religious objection to the Affordable Care Act’s contraception mandate because that corporation was ‘closely held’ by family members.

Thomas Jefferson on intellectual property

If nature has made any one thing less susceptible than all others of exclusive property, it is the action of the thinking power called an idea, which an individual may exclusively possess as long as he keeps it to himself; but the moment it is divulged, it forces itself into the possession of every one, and the receiver cannot dispossess himself of it. Its peculiar character, too, is that no one possesses the less, because every other possesses the whole of it. He who receives an idea from me, receives …

Jefferson on Change

Thomas Jefferson to Samuel Kercheval, July 12, 1816
Some men look at constitutions with sanctimonious reverence, and deem them like the arc of the covenant, too sacred to be touched. They ascribe to the men of the preceding age a wisdom more than human, and suppose what they did to be beyond amendment. I knew that age well; I belonged to it, and labored with it. It deserved well of its country.

Thomas Jefferson on Private Property

This may come as a shock to a lot of conservatives. Just one more example of the “Socialist” tendencies of the founding fathers.  Thomas Jefferson ranked Locke, (http://www.constitution.org/jl/2ndtreat.htm) along with Locke’s compatriot Algernon Sidney, as the most important thinkers on liberty. (http://www.thefreemanonline.org/features/john-locke-natural-rights-to-life-liberty-and-property/) But he changed Locks words (“Life, Liberty, and Property”) to “Life, Liberty, and the Pursuit of Happiness” when he wrote the Declaration of Independence. These letters to Isaac McPherson and James Madison explains why.

Thomas Jefferson to Benjamin Hawkins

“… I consider the business of hunting as already become insufficient to furnish clothing and subsistence to the Indians. The promotion of agriculture, therefore, and household manufacture, are essential in their preservation, and I am disposed to aid and encourage it liberally. … In truth, the ultimate point of rest & happiness for them is to let our settlements and theirs meet and blend together, to intermix, and become one people. Incorporating themselves with us as citizens of the U.S. … And we have already had an application from a settlement of Indians to become citizens of the U.S.